China Rolling Stock Market to 2032

Overview

The China Rolling Stock Market is expected to reach a 5.38 USD Billion by 2032 and is projected to grow at a CAGR of 10.00% from 2025 to 2032.

Revenue, 2024 (USD Billion)
3.41
Forecast, 2032 (USD Billion)
5.38
CAGR, 2024 - 2032
10.00%
Report Coverage
China

China Rolling Stock Market 2018-2032 USD Billion

China Rolling Stock Market, Key Findings (2025-2032)

Market Growth and Projections:

  • Market Size (2024): 3.41 USD Billion
  • Projected Market Size (2032): 5.38 USD Billion
  • CAGR (2025-2032): 10.00%

Key Findings of China Rolling Stock Market

  • The China Rolling Stock Market was valued at 3.41 USD Billion in 2024.
  • The China Rolling Stock Market is likely to grow at a CAGR of 10.00% during the forecast period of 2024 to 2032.
  • In 2024, the Largest segment Turbocharged Locomotives in Locomotive Technology Segment accounted for the largest share of the market with a revenue of 2.29 USD Billion
  • The fastest growing segment Traction Motor in Components Segment grew Fastest with a CAGR of 12.68% during the forecast period from 2024 to 2032.

China Rolling Stock Market Scope

China Rolling Stock Market Segmentation & Scope
Application
  • Frieght Transportatation
  • Passenger Transportatation
Components
  • Passenger Information System
  • Air Conditioning System
  • Pantograph
  • Axle
  • Others
  • Wheelset
  • Auxiliary Power System
  • Traction Motor
Locomotive Technology
  • Maglev
  • Conventional Locomotives
  • Turbocharged Locomotives
Product Type
  • Rapid Transit
  • Locomotives
  • Wagons
  • Coaches

China Rolling Stock Market Data Coverage Insights

Study Period 2024-2032
Base Year 2019
Unit Revenue in USD Billion
Market Value in 2024 3.41 USD Billion
Market Value in 2032 5.38 USD Billion
CAGR (2025-2032) 10.00%
Historic Data 2016-2023
Market Segments Covered Application,Components,Locomotive Technology,Product Type

Regional Insights:

  • Leading Market (2024-2032): China, leading in terms of revenue 3.41 USD Billion in 2024
    • Key Country: China, leading in terms of revenue with value of 3,413.59 USD Million in 2024.

Segments and Scope

  • China Rolling Stock Market to 2032, By Application
    • Passenger Transportatation is the largest segment in China Rolling Stock Market to 2032 with a revenue of 2.13 USD Billion in the year 2024.
    • Passenger Transportatation is the Fastest growing segment in China Rolling Stock Market to 2032 with a Growth rate of 10.46 % in forecast period 2025-2032.
  • China Rolling Stock Market to 2032, By Components
    • Traction Motor is the largest segment in China Rolling Stock Market to 2032 with a revenue of 644.18 USD Billion in the year 2024.
    • Traction Motor is the Fastest growing segment in China Rolling Stock Market to 2032 with a Growth rate of 12.68 % in forecast period 2025-2032.
  • China Rolling Stock Market to 2032, By Locomotive Technology
    • Turbocharged Locomotives is the largest segment in China Rolling Stock Market to 2032 with a revenue of 2.29 USD Billion in the year 2024.
    • Turbocharged Locomotives is the Fastest growing segment in China Rolling Stock Market to 2032 with a Growth rate of 12.49 % in forecast period 2025-2032.
  • China Rolling Stock Market to 2032, By Product Type
    • Coaches is the largest segment in China Rolling Stock Market to 2032 with a revenue of 1.11 USD Billion in the year 2024.
    • Coaches is the Fastest growing segment in China Rolling Stock Market to 2032 with a Growth rate of 10.94 % in forecast period 2025-2032.

China Rolling Stock Market Company Share Analysis

 
Company Name Company Share Analysis
Toshiba Infrastructure Systems & Solutions Corporation
Alstom
ABB
Kawasaki Heavy Industries, Ltd.
Bombardier
China Rolling Stock Market Company Share Analysis

China Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion

China Rolling Stock Market Geographical Sales Distribution, 2018-2032 USD Billion

China Rolling Stock Market Company Profiling

China Rolling Stock Market Company Profiling
Frequently Asked Questions
The China Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
China Rolling Stock Market was valued at USD 3.41(Revenue in USD Billion) in 2019.
China Rolling Stock Market is projected to grow at a CAGR of 10.00% during the forecast period of 2024 to 2032.
The Turbocharged Locomotives segment is expected to dominate the China Rolling Stock Market, holding a largest market share of 2.29 USD Billion in 2024

China Rolling Stock Market Scope

China Rolling Stock Market Segmentation & Scope
Application
  • Frieght Transportatation
  • Passenger Transportatation
Components
  • Passenger Information System
  • Air Conditioning System
  • Pantograph
  • Axle
  • Others
  • Wheelset
  • Auxiliary Power System
  • Traction Motor
Locomotive Technology
  • Maglev
  • Conventional Locomotives
  • Turbocharged Locomotives
Product Type
  • Rapid Transit
  • Locomotives
  • Wagons
  • Coaches
Frequently Asked Questions
The China Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
China Rolling Stock Market was valued at USD 3.41(Revenue in USD Billion) in 2019.
China Rolling Stock Market is projected to grow at a CAGR of 10.00% during the forecast period of 2024 to 2032.
The estimated market value of the China Rolling Stock Market for final year is USD 5.38 (USD Billion).

China Rolling Stock Market Company Profiling

China Rolling Stock Market Company Profiling
Frequently Asked Questions
The China Rolling Stock Market is segmented based on Segmentation Application,Components,Locomotive Technology,Product Type.
China Rolling Stock Market was valued at USD 3.41(Revenue in USD Billion) in 2019.
China Rolling Stock Market is projected to grow at a CAGR of 10.00% during the forecast period of 2024 to 2032.
The estimated market value of the China Rolling Stock Market for final year is USD 5.38 (USD Billion).

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